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for the group. he was promoted second-in-command earlier this year. >>> back to the economy now, china apparently going on an american spending spree. a chinese company agreed to buy a big chunk of insurance giant aig for more than $4 billion after the company got a huge bailout during the u.s. financial crisis. that is not the only bargain that china is picking up from u.s. taxpayers lately. stuart varney on this morning, head of "varney & company" on fox business network. good morning, stuart. good to see you. >> good morning, martha. martha: they're gobbling up our assets in many ways . what do you make of it. >> they are spending the money they have got buying american assets cheap. you mentioned aig. a chinese company is paying $4 billion for aig's plane leasing business. aig remember got $189 billion as a bailout fund that was back in september of 2008. the taxpayers still are the largest shareholder in aig. we sold the plane leasing business to china cheap. second item, a 123 batteries, americans taxpayers gave that company $249 million in grants and another 250 million in tax s
we already know about russia out china and there which brings us to the big question this week -- will the president's second term triumphs be abroad or here at home? >> i think his second term will be defined by foreign policy and looming confrontation over iran. chris: politco has spoken. >> despite all of the domestic issues, he will have a bigger role to play on the world stage and brought into that with events whether it be syria, iran. >> leadership just changed in china for the first time in 10 years, the most important economic relationship we have in the world and he's got to make headway there to make sure they stay on their reform path so they continue to grow and the world economy will be stronger. >> i agree, it's unanimous, the big foreign policy challenges are coming at him. he can't avoid them. he's got to deal with iran, he's got to deal with syria, he's got to deal with afghanistan. chris: do we have a chance with iran? everybody worries about this -- do we have a chance to stop them from nuclear weaponnizing? >> yes, the elements of the deal, what's called th
to pyongyang. press articles hail the fact that china in anticipation of the recent launch had begun inspecting cargo on north korean ships in search of contraband. the question this raises is why has chi gnat not been inspecting north korean ships since 2006 as called for in a u.n. resolution, reinforced by another resolution in 2009. if u.n. member states would only enforce the sanctions currently on the books, north korea would be unable to ignore the swer national community and the civilized world. the time for coordinated international action is now. the time, in fact, is long overdue. with that, mr. speakering i reserve the balance of our time. the speaker pro tempore: the squom from florida reserves. the gentleman from california, mr. berman is recognized. mr. berman: thank you, mr. speaker. i rise in strong support of h.con.res. 145 as amended and yield myself such time as i may consume. sproy the gentleman is recognized. mr. berman: i would like to thank the sponsor of this legislation, ms. ros-lehtinen, for her leadership on this issue and her work in addressing the north korean threa
world attention to what they see is china's repressive world. okay worst political scandal. pat? >> worst political scandal? i would say general petraeus and his girlfriends. >> really? >> well, i brought down -- look they almost brought down the entire central command down there in florida over with due respect two young ladies and it was a horrendous scandal and destroyed the career of one of the most famous american generals of the 21st century. >> conduct unbecoming a gentleman. >> what he said. go ahead eleanor. >> i have to agree but i must say i'm waiting for the book i'm sure he will write a book. i hadpy they jus too but my backup dsk who -- would have been the president of france if he hadn't changed a hotel chamber maid around the room in new york. that was just settled in a civil suit. he paid up big. >> i would have to say benghazi. failure of the obama administration to protect our diplomats and a ridiculous attempt to cover it up. >> dynamite. >> the cover-up has yet to be proved but petraeus has to win. i mean -- here's a career that was just going so spectacular
to year. it is hard to estimate countries like china because they are now pricing things the same way. they have large land forces and they are not deployed across the world. submarines and missiles. china is probably number one on the list. host: this from twitter. guest: that refers to overseas contingency operations. this is a fund that paid for the wars in iraq. it is about $88 billion in that account. there is a pentagon and washington funny math. some people say if the project out, we will save all this money. i wrote a report about saving $1 trillion. most of our troops will be out of afghanistan by 2014. nobody expects it will spend this level of money going out the long term in the future. so the $1 trillion in savings is money we would not have spent anyway. there are some built-in drawdowns in the defense department. in.se were built an about $487 billion over 10 years. they are coming back down. about 100,000 or so and they are built into the system. the pentagon is looking at things that way. host: roger in texas, republican caller. go ahead. caller: i am amazed i got thr
. as far as china is concerned, we don't tariff, we don't put that high of a tariff on their imports but yet i don't know the exact numbers but i believe it's a lot higher that they tax our imports in their country. and the whole thing with jobs. he created the apple scommuret in california in his garage but yet when he got successful he moves all his company over to china, giving chinese people jobs. if steve jobs was born in china he wouldn't even have a garage therefore he wouldn't be able to create the apple computer. so i just think we just don't do enough for the people of this country. and the people who are in position to create jobs and do this do not reinvest in the country. therefore i don't think they should get tax breaks. if you want to give these corporate giants tax breaks then give it to those who want to invest in the country, who want to create jobs here, not overcease, and they think try to think of ways to get their money over there into here lower than say the american businessman paying 35%. guest: i mean, i understand your frustration. i think part of it is th
or the executive branch can nullify a statute passed by congress. >>> no secret china is coming on strong as a global power. but a new u.s. intelligence report predicts how far and fast china will move. >> the national intelligence council says by 2030, just 17 years from now, china will likely have passed the u.s. to become the world's largest economy. the report says that overall, asia will top north america and europe with population, military spending and investing in technology. >> and one of the bright spots for the u.s., we are expected to become energy independent and the world's largest exporter by the year 2030. people talk about china and their booming economy over there, and this quantifies just how fast they are coming on. pretty amazing. >> the world's population is projected to rise to 8.3 billion from 7.1 billion. and demand for food will go up 35%, and demand for water, 40% more than current water supplies, making water a likely cause of regional conflict, particularly in south asia and the middle east. water and food. there's not going to be enough for us. >> what a brig
to america at 14, 15, $16 an hour. we don't celebrate that. i'm glad they're here instead of china, but heck. if we had an economy that would support $30-an-hour jobs, i'd be for that. better than a ceo. you know, destroying a company and then getting a $200 million payout. but that said, what is wrong with a state allowing an american to work where he or she wants to work without having to be compelled to pay union dues? >> well, this state, michigan, was such a part of the core of unionism in this country, the foundation of the united automobile workers which at one point had over 1 million workers in its enrollment is now down to roughly maybe 350,000 workers. the united automobile workers, everybody can own a car in america. the history of unionism has been inextricably linked to the growth of the middle class, as you know, over the last 60 years of american history. the right-to-work legislation that has passed now in 24 states, i don't think you can dem demonstrably prove that it leads to higher wages, that it leads to marginally -- >> but what's wrong with giving people the freedom to
was union and we were making $16 an hour. it went overseas. the company would prefer to go to china and a somebody $2 a day or whatever. these right-to-work states are full of temporary jobs agencies with contracts. the stamp services -- these temporary services are making money and paying people a fraction. we need to let politicians go to a temporary service and give them half of what they are making and make them see how we feel. people working for small amounts of money at temp services. ynette.ow to panetta, conwalive caller: they call it a right-to- work states, but i guess the language got changed, because it used to be a free will state. the employers without unions had the right to fire you for anything, any reason or no reason at all, and you had no recourse. so i still believe in unions and i still believe the people should have a right to join or not. host: this tweet -- are you with us? caller: i am. host: higher wages of less jobs in the state's. caller: yes, but most of the jobs in this area, in the myrtle beach area, those are minimum- wage jobs, where i live. if we
and is in recession once again. many will be watching to see how abe handling heightened tensions with china, as the two countries spar over disputed islands, as well as north korea, which defied the international community recently launching a rocket that skirted japanese territory. there's also japan energy policy, with abe suggesting n nuclear power will remain on the table despite ongoing troubles in fukushima. one last issue, just staying power. they have a well documented revolving door with prime ministers with shinzo abe becoming the seventh different leader in just six years. cnn, tokyo. >>> it appears to be a growing trend in afghanistan. they are insider aattacks. a u.s. contractor was kimmed in kabul police headquarters. this time the attacker is a woman. we have a live report from the pentagon. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunge
to pay toward china and the middle east will not let him. there was a successful sabotaging program against iran's nuclear program and a ery new approach of iran's central bank and other institutions that continues to enrich uranium. is kind of're seeing the twilight of america's cold war imperium in the middle east. the u.s. will have a relationship with the new egypt but it will not be the relationship of a client state that we saw with's the minority -- hosni mubarak or on war said sadat. is the changing relationship in the country like pakistan after the osama bin laden raid and in states like yemen. they look over the horizon that bahrain and say, we do not want that. host: one of the papers this morning has a story taking a look at the change in leadership in specific countries in asia and highlighting what is going on in north korea, south korea, and japan. what does that prove for the administration? guest: you can put north korea in the same category as japan and south korea. they have taken power and have produced leaders but are still checked by the open society and by th
, potato with bacon... [ male announcer ] progresso. you gotta taste this soup. gregg: china is unveiling the world's longest high-speed rail train this week. 1500 miles long, it runs from beijing to the south, and the train on this high-speed rail line initially ran 186 miles per hour. can you believe that? cutting between the two cities. china's railway system has a checker ored past, it has been riddled with accidents including the latest crash involving a bullet train which killed 40 people. remember that? july. patti ann: well, anxiety is rising over big tax hikes and spending cuts set to kick in on january 1st. a growing number of lawmakers saying they are skeptical that a deal can be reached in five days to avoid the fiscal cliff, especially with the main sticking point coming down to whether to increase taxes for top earners next year among many other things. byron york, now, of "the washington examiner" joins us to talk about this. good morning, byron. >> good morning, patti ann. patti ann: so we're going to show a full scream of what would happen if -- full screen of what would
a tiny fraction of this to deal with china or russia t our nuclear arsenal isn't stopping iran from trying to achieve its nuclear weapon. these are sad, missed opportunities to right size the military which will still be the most powerful in the world by far. for us to deal with veterans' needs. mr. mcgovern: additional one minute. the speaker pro tempore: the gentleman is recognized. mr. blumenauer: for us to deal with the threats that we face today, to deal with the damage that we have done in the misguided war in iraq. to be able to deal meaningfully with the guard and ready reserve that should be upgraded and healed from the damage that was inflicted upon him. we can provide far more real security, save tax dollars, deal with the needs of veterans that are about to be, sadly, undercut , and provide balance to our budget. because, in fact, the fiscal instability for reckless -- from reckless bills like that is in fact a national security threat. we are no longer going to be able to pay almost half the world's entire military budget. we should start by rejecting this authorization
couldn't have done this. >> absolutely. there was a mass stabbing in china. 23 people stabbed and all of them survived. these tragedies are awful. how armed is a person committing the crime and can police actually be police in that situation. you know, i'm a little pessimistic about something happening out of this. we have to look at 1989. there was a shooting in stockton and a huge out cry. in 1994, a legislation passed. in addition to muddying the waters and registry of mentally ill people is also going to be behind the scenes, too. in stuff that we will never see. it will be lobbying and pressure put on just to slow down the legislation so they can get in all the loopholes that they want. >> just to rich's point. the nra is more aggressive in opposition. you saw after the expiration of the assault weapons ban in 2004, they got aggressive. it was before staying your ground was passed. they banned cities. they got aggressive really quickly. they are still more aggressive than the other side. >> i truly believe, i still believe the vast majority of americans across all affiliations ar
is broke. china owns us and we are sending our young men and our money to afghanistan and we're going to cut programs right here in america for the american people. . the american people need to put the pressure on congress to bring our troops home now and not wait until december of 2014. mr. speaker, i assure you if we start bringing them home in december of 2014, it will become 2015 and it will become 2016 and how many more families have to cry about their loved ones being killed in a war that has no end to it? mr. speaker, today i would like to submit for the record, i will ask unanimous consent the names of 28 american service members who have been killed in the last few weeks. thank you, mr. speaker. mr. speaker, again i ask the people to look at this poster and realize that this war is costing us in so many, many ways. the most important our young men and women who are dying. if you agree with me that we need to bring our troops home before the current december 2014 deadline, please go to www.bringthemhome201.com, and sign the petition. mr. speaker, i have been to walter reed an
he came from, back to china, but his home country, our good old buddies, the chinese, refused to take him back. they didn't want him, and so they stalled and stalled and stalled, and over those three years of chinese stalling and gave him the run-around, chen was eventually free and free to kill and kill he did. mr. speaker, this tragedy is not an isolated phenomena. flafflet, other americans have died as a result -- unfortunately, other americans have died as a result of a gaping hole in the immigration system. it's no secret that everybody believes our immigration system is broken. fixing it down the road will be complex and complicated, but there's some things we can do about immigration right now to fix specific problems and here's one of these. currently, mr. speaker, thousands of criminal aliens are in our country, just like chen, that have committed a crime, gone to prison, our immigration worked to order them deported but their country won't take them back. they refuse to do so, so those countries stall and delay and eventually never take back their outlaws. so by law when the
. host: the stories are "the in- sourcing boom" and "mr. china comes to america. both can be found at theatlantic.com. thanks for joining us. we will take you live to the house floor. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] the speaker pro tempore: the house will be in order. the chair lays before the house a communication from the speaker. the clerk: the speaker's room, washington, d.c., december 19, 2012. i hereby appoint the honorable daniel webster to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: the chair will receive a message. the messenger: mr. speaker, a message from the senate. the secretary: mr. speaker. the speaker pro tempore: madam secretary. the secretary: i have been directed by the senate to inform the house that the senate has agreed to s. res. 624, relative to the death of the honorable daniel k. inouye, senator from the state of ohio. -- hawaii. the speaker pro tempore: pursuant to the order of the house of
china. it can valve at 120 miles per hour. next, 89 years. that's the age of the representative ralph hall, of texas who became the oldest serving house member of all time. he came to congress in 1981 as a democrat, but became a republican in 2004. finally, 110,000. that's how many people called norad to find out where santa was. they say that broke last year's record. clayton? >> clayton: thanks. did you get a handful of gift cards you can't use or gifts you don't want this christmas? you're not alone. today is the day to turn the unwanted gift cards into cash. consumer savings expert is here with great tips this morning. good to see you. hope you had a great christmas. >> i did, thank you. >> clayton: let's dive in here. number one, you say register your gift cards. >> right. it's really important to go on-line and register that gift card so that if it gets lost or stolen, that you can recover it. you can go on-line to the retailer's web site, or you can also actually register it at creditcard.com. they have a yourwallet recovery tool which will alert you and give you tips on how to
, french, german, russia, china, so once all tend to view it as a proliferation problem. it tends to be about that issue very narrowly focused. so to kind of move the conversation, you have to figure a different architecture to address that. but the five plus one processors such as designed to do with the proliferation issue in the conversation is that it has to do with arantxa violations of the npt that a security council resolution suggests iran activity so forth and so on. there's two countries however that suggests the issue that this is not a proliferation issue that has to do with the character for the regime but those are for israel. the second one is iran who similarly suggested that this is nice control issue from the perspective of the west, but there really is an arms control is a multilateral icing regime. there were two that is in this particular who are not accepting the argument. the argument about nuclear infractions. so having said that, if you look at it historically, the united states has managed to negotiate successfully arms control treaties with countries of
and the philippines, and expanding our mil-to-mil dialogue and exchanges with china. we are also enhancing our presence and capabilities in the region. that includes reality the naval fleet -- reallocating the naval fleet to achieve a 60-40 split between the pacific and atlantic oceans. hopefully will do that by 2020. increasing army and marine presence in the region, after iraq and afghanistan. locating our most advanced aircraft in the pacific, including the deployment of f-22's and the in the 22 ospreys in japan. and laying the groundwork for the first overseas deployment of the f-35 joint strike fighter in 2017. the third element of our strategy is that as we do force projection in the asia-pacific and in the middle east, we still have to maintain our global leadership and presence. i building innovative partnerships and partner capacity across the globe, and using these innovative rotational deployments as a way to do exercises and training with other countries, developing their capabilities so they can help provide for their own security. in latin america, in africa, in europe and elsewh
's longest high-speed rail line is now officially open. you're going to have to travel to get there, in china. it runs 186 miles from beijing in the north to an economic hub in the south. the trip takes about eight hours. before it took 20 hours to go the same distance. critics say it's too expensive. the cheapest price you're going to pay for a one-way ticket? $138 u.s. really? heather: that is fast though. gregg: that's more expensive than the veazona bridge. heather: is it? gregg: yeah. heather: well, you know, christmas the holiday -- gregg: i've heard about it. [laughter] heather: it's not all about giving or getting gifts, it is about giving back as well. trace gallagher joins us with more on that. hi, trace. >> reporter: hey, heather. therethere are very little good happening in newtown, connecticut, these days, but a gift from a child made a huge difference. his name is 11-year-old cooper carlisle, he's from houston. and after the shooting he convinced his principal to allow his entire school to make cards for each of the 26 victims. and in those cards they filled them with prayers an
about how china is taking over. what we need to make some decisions that is going to help the america people, corporate america, middle-class america, those individuals that are not in the capacity whatever so ever, i expect our elected officials to getting together, work this thing out, do the right thing, quit the fighting and come up with a solution even if they have to go back after the fact and just get things the way they are supposed to be. >> some of the expectations there from willard. we're going to go on to cal on the republicans line in tennessee. what do you think of the fiscal cliff and where the negotiations are so far? >> i think they ought to go over the fiscal cliff. we have people like that that are on the government bill too long. they are sucking the tit of the federal government. i think everyone should pay their fair share. we have almost a $17 billion national debt. not only, the rich but everyone should pay their fair share. we also need some spending cuts too. $3 for every $1. if you don't do this we're going top find ourselfs in a situation -- you want to ta
Search Results 0 to 23 of about 24 (some duplicates have been removed)

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